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Admaius Capital’s equity investment in TRES to scale up telco towers in Rwanda

 Admaius Capital Partners (“Admaius”), an Africa focused private equity investor operating across several growth markets, has announced its majority equity investment into TRES Infrastructure Limited, the only local licensed tower owner, operator, and developer of shared telecommunications infrastructure in Rwanda.

TRES’ tower infrastructure is used by the two local Mobile Network Operators, MTN and AIRTEL (MNOs), while also benefitting other local network service providers such as KT Rwanda Networks Ltd.

Admaius’ investment and support will enable the Company to expand its tower portfolio locally in line with the country’s target to achieve more than 95% geographical coverage over the next few years, coupled with the roll-out of 4G and 5G network across the country. This is expected to improve network affordability and connectivity in both rural and urban areas.

Read the full article here.

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